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$1,999,900
Available - For Sale
Listing ID: X12167210
This exceptional property offers a prime investment opportunity with strong potential for urban redevelopment. INCLUDES 152, 150 HOMEWOODAND 0.676 ACRES OF LAND (3 PINS). Spanning a total of 2.647 acres, the site combines historic charm with modern practicality, including multiple residential units and an office building. The main building features 7 apartments, while the character-filled 152 Homewood residence, built in 1925, provides 2 additional units. A single-family home at 150 Homewood, built in 1940, is also part of the offering. The office building, with its raised basement and abundant natural light, has the potential to be converted into two more apartments. With parking for over 20vehicles including a 4 car garage, each residential unit is outfitted with a fridge and stove, and a coin-operated laundry is available on-site. The property includes 0.676 acres of serene, park-like grounds at the rear, with a private, grassy, tree-lined area that borders the Iron Horse Trail, providing access to nearby bike paths and Victoria Park. Investors are advised to perform their due diligence with the City of Kitchener regarding redevelopment options. Detailed information on plumbing, electrical systems, heating, and repairs can be found in the Supplemental Documents. Don't miss this rare chance to invest in a prime Kitchener location.
Price $1,999,900
Taxes: $15,700.84
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 152 Homewood Avenue , Kitchener, N2M 1W9, Waterloo
Postal Code: N2M 1W9
Province/State: Waterloo
Legal Description: PT LT 1 PL 295 KITCHENER; PT LT 43 SUBDI
Directions/Cross Streets: West Ave
No. of Pieces Level
Washroom 1:  0
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Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 2.65
Total Area Code:  Acres
Area Influences: Public Transit  
Approximatly Age: 51-99
Maintenance: 0
Outside Storage: T
Rail: N
Crane: F
Soil Test: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
Sewers: Sanitary+Storm
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CORCORAN HORIZON REALTY

152 Homewood Avenue , Kitchener, N2M 1W9, Waterloo

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Arash Salehrad
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(647)402-5949
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(905)508-9500
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Type: Com - Investment
Area: Waterloo
Municipality: Kitchener
Neighbourhood: Dufferin Grove
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Lot Size: x 185.86(Feet)
Approximate Age: 51-99
Tax: $15,700.84
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949